CM Gandapur Reveals KP's Financial Strain in Assembly Session

Web DeskMay 17, 2024 08:13 PMpolitics
  • KP faces Rs300 billion funding shortfall impacting essential services.
  • Struggle to clear pending electricity payments due to reduced funds.
  • CM Gandapur calls for increased support from federal government.
CM Gandapur Reveals KP's Financial Strain in Assembly SessionImage Credits: thenews.com.pk
Chief Minister Gandapur discloses KP's Rs300 billion funding shortfall in the Assembly, highlighting struggles in clearing electricity payments and calling for increased federal support.

In a recent session held in the Khyber Pakhtunkhwa (KP) Assembly, Chief Minister Gandapur disclosed that the province has faced a significant reduction in funds allocated by the federal government. This fiscal year, KP received Rs300 billion less than expected, leading to various challenges for the region.

One of the major issues highlighted by CM Gandapur was the struggle faced by the province in clearing pending electricity payments. The financial strain caused by the reduced funds has made it difficult for KP to meet its obligations, impacting essential services such as electricity supply.

CM Gandapur pointed towards the federal government as the source of the economic downturn experienced by KP. He emphasized the need for increased support from the Centre to ensure the smooth functioning of the province's economy and public services.

The revelation made during the KP Assembly session sheds light on the financial challenges being faced by the province due to reduced funds from the federal government. The impact of this funding shortfall is evident in the struggles KP is encountering in meeting its financial obligations, particularly in clearing pending electricity payments. Moving forward, it is crucial for both the provincial and federal authorities to work together to address these issues and ensure the well-being of the residents of Khyber Pakhtunkhwa.

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